On August 5, 2022, RBI increased the policy repo rate under the liquidity adjustment facility (LAF) by 50 bps to 5.40% effective immediate. Few institutions have increased MCLRs. Indian government bond yields are immediate spike has come down closer to pre 5th Aug 2022 levels.
One of the inferences from the below chart being – rise in government bond yields from Feb-2022 was precursor to impending Policy rate hikes. All opinions welcomed.
On August 5, 2022, RBI increased the policy repo rate under the liquidity adjustment facility (LAF) by 50 bps to 5.40% effective immediate. Few institutions have increased MCLRs. Indian government bond yields are immediate spike has come down closer to pre 5th Aug 2022 levels.
One of the inferences from the below chart being – rise in government bond yields from Feb-2022 was precursor to impending Policy rate hikes. All opinions welcomed.